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ZipNumbers

Iowa · Census place 82020

Wall Lake city, IA

Quick answer

Wall Lake city has 641 residents, ranking #415 of 1026 places in Iowa. Median household income is $59,306, the median home is worth $116,500 and median gross rent runs $632 a month.

Population
641Wall Lake city residents
Median household income
$59,306Past 12 months, inflation adjusted
Median home value
$116,500Owner-occupied units
Median gross rent
$632Rent plus utilities, monthly
Median age
53.5 yrsAll residents
Homeownership rate
83.9%Owner-occupied households

What the numbers mean in Wall Lake city

Housing cost measured against local earnings.

A household earning the Wall Lake city median would spend about 12.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 83.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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